BURLINGTON, Mass., May 20, 2013 (GLOBE NEWSWIRE) -- MicroFinancial Incorporated (Nasdaq:MFI), a financial intermediary specializing in vendor based leasing and finance programs for micro-ticket transactions, announced today that it has been named to the Boston Globe Top 100 publicly traded companies in Massachusetts. This is the 6th consecutive year that MicroFinancial has been recognized by the Boston Globe for its financial performance.
The report, which was published on May 19, 2013, at BostonGlobe.com/Globe100, and in a Boston Sunday Globe special magazine supplement, ranks the top 100 public companies in Massachusetts based on their overall financial performance. The companies were ranked based on a composite score against 2012 return on average equity, percentage increase in annual revenue, percentage increase in annual profit margin, and total annual revenue.
"We are proud to once again be recognized by the Boston Globe as one of the best performing publicly traded companies in Massachusetts. MicroFinancial was ranked as number 76 on the list this year. To be included on the list for the 6th consecutive year reflects the strength and stability of our business model, as well as the hard work and dedication of our employees," said Richard F. Latour, CEO of MicroFinancial.
About MicroFinancial
MicroFinancial Inc. (Nasdaq:MFI) is a financial intermediary specializing in micro-ticket leasing and financing. MicroFinancial has been operating since 1986, and is headquartered in Burlington, Massachusetts. For more information, visit www.microfinancial.com.
Statements in this release that are not historical facts, including statements about future dividends and growth plans, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In addition, words such as "believes," "anticipates," "expects," "views," and similar expressions are intended to identify forward-looking statements. The Company cautions that a number of important factors could cause actual results to differ materially from those expressed in any forward-looking statements made by or on behalf of the Company. Readers should not place undue reliance on forward-looking statements, which reflect the management's view only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure that it will be able to anticipate or respond timely to changes which could adversely affect its operating results in one or more fiscal quarters. Results of operations in any past period should not be considered indicative of results to be expected in future periods. Fluctuations in operating results may result in fluctuations in the price of the Company's common stock. For a more complete description of the prominent risks and uncertainties inherent in the Company's business, see the risk factors described in documents the Company files from time to time with the Securities and Exchange Commission.